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$325,000

Beds
2
Baths
2.0
sq ft
2,060

48 Palisade Dr, Ellijay, GA 30540

48 Palisade Dr

Ellijay, GA 30540

  • 116 days on market
    • Price drop $34,900↓
WELCOME HOME, to this cute cozy cabin located just right outside of the heart of Ellijay in a gated community. Warm mixture of wood and sheetrock throughout, covered front porch, back screened porch off the master to enjoy your morning coffee as the crisp breeze refreshes you as you relax with a seasonal mountain view! All paved roads for easy travel, long concrete circular driveway allowing plenty of parking for that RV and boat! Also, basement one car garage parking. Terrace level is partly finished with bedroom, bathroom, and flex living space, good for an older parent or child to have their own space. You could easily have a kitchenette added. Good bit of storage and closet space. This cabin is an affordable getaway and would make a great little vacation rental with a few magic touches! Come make your dreams come TRUE in the North Ga Mountains!

Details

Property type

Cabin

Est. home value

$373,341

Lot size

0.75 acres

Price per sq ft

$158

Year built

2001

Annual property taxes

$2,150.6

Monthly HOA fee

$85.42

Price History

05/10/2024
GeorgiaMLS

GeorgiaMLS #10267974

Price change
$325,000
-9.7%
03/16/2024
GeorgiaMLS

GeorgiaMLS #10267974

Listed
$359,900
+33.3%
08/17/2021
GeorgiaMLS

GeorgiaMLS #8984225

Sold
$270,000

Schools & Community

Elementary school: 

Ellijay Primary/Elementary

Middle school: 

Clear Creek

High school: 

Gilmer

Community features: 

Clubhouse, Gated, Park, Fitness Center, Playground, Pool, Tennis Court(s)

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$58,149
Asking price
$325,000
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$240,851
Cash to seller
$58,149

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Colony Bank

Loan start date

August 2021

Original loan amount

$256,500

Est. remaining balance

$240,851

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Craig E Kelson

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/09/2024 at 11:15 PM

Listing updated: 05/13/2024 at 1:14 AM

Listed by: Tonya J. Abercrombie, BHGRE Metro Brokers

MLS: GeorgiaMLS #10267974

GeorgiaMLS logo

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